Nocera, Inc. (NASDAQ:NCRA) Sees Significant Drop in Short Interest

Nocera, Inc. (NASDAQ:NCRA) was the recipient of a significant drop in short interest during the month of April. As of April 30th, there was short interest totaling 217,901 shares, a drop of 46.9% from the April 15th total of 410,452 shares. Approximately 1.3% of the company’s shares are sold short. Based on an average trading volume of 290,482 shares, the short-interest ratio is currently 0.8 days.

Nocera Trading Down 1.2%

Shares of NCRA stock traded down $0.00 during trading hours on Friday, hitting $0.21. 149,186 shares of the company’s stock traded hands, compared to its average volume of 1,834,861. The stock’s 50 day simple moving average is $0.24 and its 200 day simple moving average is $0.64. The stock has a market cap of $3.52 million, a PE ratio of -1.37 and a beta of 1.72. Nocera has a 12 month low of $0.17 and a 12 month high of $2.40. The company has a quick ratio of 12.05, a current ratio of 11.93 and a debt-to-equity ratio of 0.01.

Nocera (NASDAQ:NCRA) last released its quarterly earnings results on Thursday, May 14th. The company reported ($0.09) earnings per share (EPS) for the quarter. The business had revenue of $2.28 million for the quarter. Nocera had a negative net margin of 44.02% and a negative return on equity of 128.40%.

Nocera Company Profile

Nocera, Inc, together with its subsidiaries, designs, develops, and produces recirculating aquaculture systems for fish farms in Taiwan. The company also offers consulting, technology transfer, and aquaculture project management services to new and existing aquaculture management business services. In addition, the company sells signature seafood porridge bowl through its flagship bento box store. The company was founded in 2014 and is headquartered in New Taipei City, Taiwan.